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The real estate market today recorded several notable developments in major urban areas. In Ho Chi Minh City, the Lancaster Lincoln project on Nguyen Tat Thanh Street has been allowed to resume sales of nearly 400 apartments after being entangled in legal issues for almost a decade. Dai Quang Minh, a company under THACO, proposed studying and preparing plans for three transit-oriented urban development areas, including a site of more than 246 hectares around Thu Thiem Station. Also in Thu Thiem, five strategically located land plots with completed surrounding infrastructure are expected to be auctioned, with a combined starting price of more than VND12.5 trillion. The former Binh Chanh District Hospital site, covering more than 1.4 hectares, is also expected to be auctioned this year and is planned for low-rise housing. Housing supply continues to expand in major cities. Da Nang has approved the investment policy for a concentrated social housing project in Ngu Hanh Son Ward, with mo...

Vietnam’s real estate market is seeing notable developments involving land auctions, housing supply and policy discussions. In Ho Chi Minh City, five plots in Thu Thiem have a combined starting price of more than VND 12.5 trillion. All are located in prime positions and benefit from completed surrounding infrastructure. The city has also approved auction plans for three plots on No Trang Long, Nguyen Van Dau and Le Van Sy streets, in Binh Thanh and the former District 3. Meanwhile, Hanoi is planning two residential and mixed-use urban areas in Linh Nam Ward, part of the Red River scenic boulevard axis, with a total of 56,216 apartments and expected completion by the end of 2029 to 2030. More than one hectare of land in the new South Linh Dam urban area has also been allocated to IFT Company to develop housing for police officers. Regarding supply and corporate activity, the Ministry of Construction said condominium inventory exceeded 12,800 units in the second quarter, nearly four ti...

The real estate market is seeing notable developments in policy, supply, land auctions and capital flows. As the National Assembly discusses amendments to three laws related to real estate, land pricing, the use term of apartment buildings, compensation and resettlement remain key issues. Several lawmakers have proposed building a land price database based on actual transactions to reduce the risk of returning to administratively determined prices and better protect residents’ interests. Lawmaker Ta Van Ha also said that clearly defining apartment usage periods could help reduce the prices of older apartments and improve affordability. In addition, Nguyen Minh Tuan, Director of the Phu Tho Provincial Police, proposed legislating a ban on advertisements that exaggerate or misrepresent real estate projects before they are sold to customers. On the market front, the Ministry of Construction recorded more than 12,800 unsold apartment units in the second quarter, nearly four times higher ...

In land management, members of the National Assembly emphasized that building a land price database should rely on actual transaction data. They also raised concerns about avoiding any return to administrative pricing mechanisms to better protect residents’ interests. Meanwhile, proposed amendments related to land pricing are expected to potentially reshape the market “game,” with the new regulations tied to timelines and identification mechanisms that are under discussion at the National Assembly. In Hanoi, about 1 hectare of land within the new urban area Nam Ho Linh Đàm has been allocated to IFT to implement a housing project for public security personnel. On the market side, price and delivery updates continue to draw attention. Novaland set a target to hand over 2,265 apartments in the final months of the year, referencing Victoria Village and Aqua City as key projects. Separate coverage also highlighted ultra-luxury apartment pricing in Ho Chi Minh City, providing a range of av...

In the broader market picture, real estate capital in Southern Vietnam is reportedly moving away from core areas and flowing along infrastructure corridors toward new urban destinations, although not every location has the same level of advantages such as expressways or airports. In parallel, demand remains, but transactions appear cautious: buyers tend to focus on affordability, while market momentum is tied closely to the progress of infrastructure and the attractiveness of emerging locations. Elsewhere, developments and community activities at township projects are gaining attention. Masterise Homes held a thank-you music night for residents at Masteri Grand Coast, combining music, lighting, technology and installation art. Meanwhile, Van Phuc City organized the concert “To Quoc trong tim” on 23/8, adding a larger-scale cultural event to the entertainment and community ecosystem of the township. From the supply side, TT Genesis, developed by a Japan-invested joint venture, is expe...

Amid signs of diversification in demand and transaction flows, the real estate market continues to see notable updates regarding legal status, planning and project execution. In Ho Chi Minh City, the city allows R&L Group Joint Stock Company to convert more than 9.5 ha of agricultural land into a residential development project, An Hoa Ecological Residential Area, in Long Dien Commune. Meanwhile, another eco-tourism urban area in Vinh Thanh and Dong Anh communes is reported to potentially add a 108-storey tower, comparable in scale to towers planned in BRG and Sumitomo projects. On the planning side, HCMC is also mentioned for approving an urban area for social housing with a planned implementation area of nearly 192 ha and an estimated population of 67,465. In Hanoi, the city’s plan to look up the land-recovery project categories is highlighted, covering nearly 4,000 projects through to 2030. Regarding policy direction and pricing, the information focuses on transparency and ris...

In the planning and public investment segment, Hanoi is reported to prepare a land recovery plan potentially covering nearly 4,000 projects across wards and communes within the city, aiming for implementation until 2030. In a separate development, Ho Chi Minh City has approved a zoning plan for a new residential urban area of nearly 192 hectares, indicating a planned population scale of 67,465 people and a framework aligned with a 1/2,000 land-use zoning ratio. On the project market, updates span from apartment offerings to larger township-style developments. Notably, Bcons Central Park is set to be rolled out with an addition of 2,820 apartments and 113 shophouses in Tam Hiep, Dong Nai. Meanwhile, Khai Hoan Imperial is also highlighted for its planned rollout in Thuan An, positioned about 400m from the Thu Dau Mot - Tao Dan metro station as stated in the planning, while also benefiting from access to industrial zone infrastructure and amenities that have already formed. In Thua Thie...